Oil prices climb after reports of Saudi Aramco refinery being hit by Houthi rebels
The West Texas Intermediate and Brent crude contracts previously rose to near-seven-week highs.
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Atom bank provides £1.75m for industrial portfolio growth
Atom bank has provided a £1.75 million commercial mortgage to a property investor for a light industrial unit located on the London-Essex border, according to an announcement from the digital lender. The loan, arranged at 60% loan-to-value by Jeremy Robinson, director of Aquilae Capital Advisory, has enabled the borrower to release capital for acquiring additional…
The Right Mortgage Mortgage announces inaugural Women’s Leadership Summit – Mortgage Strategy
The Right Mortgage & Protection Network (TRM) has launched the details of its inaugural Women’s Leadership Summit on 9 September. The event will be held at Nuthurst Grange Hotel in Solihull and has been created to bring together female business owners, advisers and senior leaders from across TRM. The day will focus on leadership, business…
Schuckman Realty Buys Northeast Queens Shopping Center for $56M – Commercial Observer
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AI Wealth Management Platform Vise Grabs 12K SF at 50 Ninth Avenue – Commercial Observer
Artificial intelligence-powered wealth management platform Vise is moving from SoHo to 50 Ninth Avenue in the Meatpacking District, where it will quadruple its office space to 11,949 square feet. The space spans the second floor of several combined historic townhomes along the Ninth Avenue frontage and therefore has dramatic, over 20 foot-high pitched ceilings and…
UES Townhouse Tops Slow Week For Manhattan Luxury Deals
An Upper East Side townhouse and Noho condo once owned by actor Jonah Hill topped another sluggish week for Manhattan’s luxury market. Buyers signed contracts for 15 homes in the borough asking $4 million or more between Aug. 17 and Aug. 23, according to Olshan Realty’s weekly report. The total was lower than the previous…
Australian households face heaviest mortgage interest burden in decades
New analysis of Australian Bureau of Statistics (ABS) data has shown that households have faced tougher conditions in the past two years than they did when the Reserve Bank of Australia (RBA) cash rate reached 17.5 per cent in 1989. KPMG’s analysis showed that, nationally, interest payments on debt peaked at 5.9 per cent of…
